Ilg-legal.com

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Independent Legal Website - Property Law: Foreign Land Ownership - Samui - Thailand

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Limited companies in Thailand have basic characteristics similar to those of Western corporations. A private limited company is formed through a process which leads to the registration of a Memorandum of Association (Articles of Incorporation) and Articles of Association (By-laws), as its constitutive documents. A Thai Limited Company can be set up relatively quickly if the paperwork is in order. The company formation process, from the reservation of a name till the certificate of incorporation of the company will take about 2 to 4 weeks to complete. The procedures to form a (private) limited company are contained within sections 1096 to 1273 of the Civil and Commercial Code.
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